1450 NW 35th St
Miami, FL 33142 · multi_family · For Sale · 90 days on market
Asking price$649,997
— beds — baths 1,825 sqft
Suggested offer$594,640$55,357 above the est. market value of $594,640.
View on Realtor.com →Listed by ARMANDO PALMA III · Palma Realty Group
Typemulti_family
Built1950
Price / sqft$356
Est. value (own analysis)$594,640
Rent estimate (building total, own analysis)$4,581/mo
HOANone
1 / 3
Show every detail
Statusfor_sale
Listed date2026-06-05
Removed date—
MLSMiamiMLS #A12031526
Coordinates25.80845, -80.22081
Address1450 NW 35th St
CityMiami
StateFL
Zip33142
Listing ID6474030210
Sourceus-real-estate-listings, cached 2026-08-31
ZIP market snapshot (33142)
Typical home value (ZHVI)$430,103
Typical rent (ZORI)$2,350/mo
Zillow Research's ZHVI (home value index) and ZORI (rent index) for this ZIP, as of 2026-07 — free published data, refreshed monthly, no RentCast quota spent. "Typical value/rent" is a smoothed index, not a literal median of active listings.
Underwriting (buy-and-hold, default assumptions)
| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $649,997 |
| Down payment (20.0%) | $129,999 |
| Loan amount | $519,998 |
| Closing costs (5.0%) | $32,500 |
| Total cash to close | $162,499 |
| Income | |
| Rent (estimate) | $4,581$54,969 |
| Vacancy loss (8.0%) | |
| Effective gross income | $4,214$50,571 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,029$12,350 |
| Insurance (placeholder 0.8% of price) | $433$5,200 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $229$2,748 |
| Total operating expenses | $1,692$20,298 |
| Net operating income (NOI) | |
| Debt service & reserves | |
| Debt service (6.66%, avg 30yr rate as of 2026-08-27, 30yr amortizing) | |
| CapEx reserve (5.0% of GSR) | $229$2,748 |
| Mortgage insurance (PMI) (0.0% of loan, not required — down payment ≥ 20%) | $0$0 |
| Cash flow |
Cap rate
Cash-on-cash
DSCR
Rent-to-price (1% rule)
Gross rent multiplier
Operating expense ratio
Break-even occupancy
Comparables
Same ZIP. Real active rental listings, used to derive the rent estimate above.
No active rental listings cached yet for this bedroom count.
Same ZIP & bedroom count. Closed sales from Realtor.com over the last 12 months, matched to this property's type — real transaction prices, not asking prices. Falls back to Miami-Dade County public records (property appraiser tax roll) when Realtor.com has no sales on file for the area.
| Address | Type | Beds | Baths | Living sqft | Sale price | Sale date |
|---|---|---|---|---|---|---|
| 1924 NW 27th St | multi_family | — | — | 2,899 | $1,050,000 | 2026-08-17 |
| 1784 NW 31st St | multi_family | — | 0 | — | $1,350,000 | 2026-08-13 |
| 4201 NW 17th Ave | multi_family | 3 | 3 | 3,607 | $365,000 | 2026-08-07 |
| 1411 NW 29th St | multi_family | 4 | 1 | 1,580 | $400,000 | 2026-08-06 |
| 1319 NW 60th St Apt 4 | multi_family | 14 | 8 | 5,728 | $1,275,000 | 2026-08-04 |
| 1786 NW 53rd St | multi_family | 2 | 2 | 936 | $450,000 | 2026-07-31 |
| 1247 NW 28th St | multi_family | 6 | 4 | 2,316 | $591,000 | 2026-07-31 |
| 3010-3012 NW 26th St | multi_family | — | — | 1,431 | $540,000 | 2026-07-30 |
| 3346 NW 34th St | multi_family | 4 | 2 | 1,968 | $530,000 | 2026-07-15 |
| 2729-2731 NW 44 St | multi_family | — | — | 2,358 | $780,000 | 2026-07-11 |
| 3710 NW 23rd Ct | multi_family | 2 | 2 | 1,148 | $355,000 | 2026-07-01 |
| 1376 NW 35th St | multi_family | — | — | 3,386 | $1,500,000 | 2026-07-01 |
| 5171-5173 NW 19th Ave | multi_family | — | — | 1,592 | $514,000 | 2026-06-30 |
| 1262 1264 Nw 46th St | multi_family | — | — | 1,674 | $450,000 | 2026-06-24 |
| 1498 NW 58th St | multi_family | 4 | 2 | 1,500 | $312,500 | 2026-06-24 |
| 1355-1357 NW 42nd St | multi_family | — | — | 3,530 | $1,120,000 | 2026-06-08 |
| 2009 NW 34th St | multi_family | — | — | 2,034 | $400,000 | 2026-06-05 |
| 2340 NW 23rd Ct | multi_family | 3 | 2 | 1,436 | $690,000 | 2026-06-02 |
| 1404 1406 Nw 60th St | multi_family | — | — | 1,533 | $440,000 | 2026-05-14 |
| 2521 NW 13th Ave | multi_family | 4 | 2 | 2,095 | $480,000 | 2026-05-13 |
| 2110 NW 34th St | multi_family | — | — | 2,295 | $650,000 | 2026-05-08 |
| 1877 NW 42nd St | multi_family | 3 | 1 | 2,134 | $450,000 | 2026-05-06 |
| 1533 NW 53rd St | multi_family | — | — | 1,500 | $585,000 | 2026-04-29 |
| 2512 NW 13th Ave | multi_family | 6 | 2 | 1,764 | $580,000 | 2026-04-21 |
| 2336 NW 60th St | multi_family | 4 | 1 | 1,448 | $360,000 | 2026-04-16 |
| 1542 NW 35th St | multi_family | — | — | 3,036 | $1,150,000 | 2026-04-16 |
| 4719 NW 32nd Ave | multi_family | — | — | 1,239 | $450,000 | 2026-04-13 |
| 3001 NW 22nd Ct | multi_family | 5 | 3 | 1,855 | $630,000 | 2026-04-10 |
| 3300 NW 31st Ave | multi_family | 4 | 2 | 1,580 | $265,000 | 2026-04-09 |
| 1875 NW 43rd St | multi_family | — | — | 1,698 | $520,000 | 2026-04-08 |
| 2967 NW 30th St | multi_family | 5 | 3 | 2,916 | $520,000 | 2026-04-07 |
| 1331 NW 58th Ter | multi_family | 2 | 2 | 840 | $530,000 | 2026-04-02 |
| 2160 NW 23rd Ct | multi_family | — | — | 1,955 | $690,000 | 2026-04-01 |
| 9596861224 | multi_family | 5 | 3 | 1,855 | $630,000 | 2026-03-27 |
| 5821 NW 30th Ave | multi_family | — | — | — | $791,000 | 2026-03-25 |
| 1240 NW 38th St | multi_family | 2 | 2 | 928 | $445,000 | 2026-03-20 |
| 2490 NW 44th St | multi_family | 4 | 4 | 1,998 | $750,000 | 2026-03-12 |
| 3011 NW 14th Ave | multi_family | 5 | 3 | 1,866 | $620,000 | 2026-03-12 |
| 2126 NW 47th Ter | multi_family | — | — | 1,560 | $580,000 | 2026-03-10 |
| 2238 NW 34th St | multi_family | — | — | 1,271 | $435,000 | 2026-03-04 |
| 1809 NW 47th Ter | multi_family | 3 | 1 | 1,512 | $295,000 | 2026-03-03 |
| 3815 NW 13th Ave | multi_family | — | — | 2,150 | $760,000 | 2026-02-26 |
| 2917 NW 23rd Ave | multi_family | — | — | 1,850 | $625,000 | 2026-02-23 |
| 2035 NW 34th St | multi_family | 4 | 1 | 2,106 | $760,000 | 2026-02-09 |
| 4024 NW 23rd Ct | multi_family | 8 | 6 | 3,720 | $800,000 | 2026-02-09 |
| 4816 NW 21st Ave | multi_family | — | — | 1,532 | $375,000 | 2026-02-06 |
| 2974 NW 28th St | multi_family | — | — | 3,380 | $775,000 | 2026-02-02 |
| 4001 NW 15th Ave | multi_family | 4 | 2 | 1,450 | $590,000 | 2026-01-29 |
| 2180 NW 59th St | multi_family | 6 | 2 | 1,988 | $555,000 | 2026-01-26 |
| 5020 NW 14th Ave | multi_family | — | — | 1,500 | $520,000 | 2026-01-23 |
Same ZIP. Other properties currently for sale nearby — asking prices, not closed sale prices. Not a price comp; see Sold comps for actual transaction history.
No other cached listings nearby for this bedroom count yet.
10-year hold projection
IRR5.3%
Equity multiple1.84x
Total return (10yr)$221,499
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $669,497 | $30,273 | -$12,575 | $514,360 | $155,137 |
| 2 | $689,582 | $31,283 | -$11,634 | $508,335 | $181,247 |
| 3 | $710,269 | $32,325 | -$10,662 | $501,896 | $208,373 |
| 4 | $731,577 | $33,402 | -$9,658 | $495,015 | $236,562 |
| 5 | $753,525 | $34,513 | -$8,620 | $487,662 | $265,863 |
| 6 | $776,130 | $35,660 | -$7,549 | $479,803 | $296,327 |
| 7 | $799,414 | $36,845 | -$6,442 | $471,405 | $328,009 |
| 8 | $823,397 | $38,068 | -$5,299 | $462,430 | $360,966 |
| 9 | $848,099 | $39,331 | -$4,118 | $452,839 | $395,259 |
| 10 | $873,542 | $40,634 | -$2,898 | $442,589 | $430,952 |
Assumes 3.0% annual rent growth, 2.5% expense growth, 3.0% appreciation, and a 6.0% selling cost at exit — all placeholder assumptions, not market-derived.